Magnet Applications, Inc., a provider of compression bonded magnets, injection molded magnets and magnetic technical assemblies to the automotive, medical, defense and aerospace industries, recently announced that Jim Rundo has been hired as the company’s new sales manager. As sales manager, Rundo will lead the company’s sales team and oversee sales strategies throughout North America and targeted export markets.
Rundo assumes the role, which has been held by magnetics industry veteran, Mike Miller, for 25 years. Miller has announced his retirement effective February 2018. “Over his long career with Magnet Applications, Mike has built an unrivaled reputation for his passion and devotion to finding magnetic solutions for our customers,” commented Don Lindstrom, general manager, Magnet Applications, Inc. “His leadership has played a critical role in our growth over the last several years. We are thrilled, however, that Mike will be working with Jim over the next several months to ensure a seamless transition to our customers and operations.”
Regarding Rundo, Lindstrom commented, “Jim will be an outstanding addition to our management team, as he brings a deep blend of industrial business development, market growth strategies and customer service experience, including in the power magnetic solution industry. I know he will work tirelessly with our sales team to broaden our reach while serving the needs of our current customers.”
Rundo was formerly new business development manager for AirBorn, Inc., a leading designer and manufacturer of specialized connectors and electronic components. Prior to AirBorn, Inc., he was sales manager for the Schaffner Group, a developer of custom power magnetic solutions for single and multi-phase power applications.
He holds a bachelor of science degree in electrical engineering from Cleveland State University and an MBA from Regis University.
“With the explosion of industry advancements in automotive, medical and defense, Magnet Applications has a great opportunity to advance its market position. I’m excited to be working at a company that’s truly on the move and eager to work with sales and marketing, roll up our sleeves and push the company forward,” said Rundo.